Mexico central bank holds rate, eyes weak peso
MEXICO CITY, Sept 21 (Reuters) - Mexico's central bank held borrowing costs steady on Monday, flagging sluggish economic growth and tame inflation, but signaled it is prepared to raise rates if a slump in the peso hits consumer prices.
The Banco de Mexico left its key rate at a record low of 3.00 percent, as expected by 19 of 21 analysts surveyed by Reuters last week.
(Reporting by Alexandra Alper and Michael O'Boyle)
© Thomson Reuters 2017 All rights reserved.